What Is The Dermatology Medical Lasers Market Overview In 2022?
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The dermatology medical lasers market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 17%, as per The Business Research Company’s market report!
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The Dermatology Medical Lasers Market Size In 2022 And Forecast
The global dermatology medical lasers market is expected to grow from $2.56 billion in 2021 to $3.04 billion in 2022 at a compound annual growth rate (CAGR) of 19%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The dermatology medical lasers market is expected to grow to $5.82 billion in 2026 at a CAGR of 17.6%.
The dermatology medical lasers market consists of sales of dermatology medical lasers and related services by companies that manufacture them.
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Growth In Demand For Cosmetic Procedures Is Driving The Growth Of The Dermatology Medical Lasers Market
According to the American Society of Plastic Surgeons data, $16.7 billion was spent on cosmetic procedures in the U.S. in 2020. The poll also revealed that 11% of women surveyed said they are more interested in cosmetic plastic surgery or non-surgical procedures than before COVID-19 . Dermatology lasers are used in cosmetic procedures such as removal of fine lines, wrinkles, skin tightening, pigmented lesions, precancerous lesions, vascular lesions, tattoos, hair removal, acne scars, and others. Hence, the growing demand for cosmetic procedures among users aids in the growth of the dermatology medical lasers market.
Competitive Landscape And The Regional Analysis Of The Dermatology Medical Lasers Market
Major players in the dermatology medical lasers market are Alma Lasers Ltd, and Cutera.
Additionally, as per TBRC’s research – North America was the largest region in the dermatology medical lasers market in 2021 holding the largest market share.
The Dermatology Medical Lasers Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the dermatology medical lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the dermatology medical lasers market.
Increasingly Investing In Picosecond Lasers For Skin Treatments – A Key Trend In The Dermatology Medical Lasers Market
Companies are increasingly investing in Picosecond Lasers for skin treatments other than tattoo removal as they have found their use in the treatment of acne, skin lightening, and skin tightening.
Dermatology Medical Lasers Market Segmentation By The Business Research Company
1) By Device: Surgical Lasers, Vascular Lasers
2) By End-users : Hospitals, Skin Care Clinics, Cosmetic Surgical Centres
3) By Application: Cancer, Hair Removal, Tattoo Removal, Resurfacing, Other Applications
Here Are Some Reports Related To The Dermatology Medical Lasers Market –
Dermatology Devices Global Market Report 2022
Medical Lasers Global Market Report 2022
Gynecology Medical Lasers Global Market Report 2022
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